Daily News Updates From EnergyInfraPost.com

Year 2016 has witnessed some of the landmark decisions in the oil market, which has reversed the trend of oil disagreements within the OPEC and non-OPEC countries, helping rebalancing of the oil markets

Media Round Up

With an objective to enhance transparency and accountability as a part of the Ease of Doing Business in the Mining sector, Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, Shri Piyush Goyal will launch TAMRA

Chief Minister RaghubarDas today launched the energy efficient fans and LED tube lights for the consumers of Jharkhand under the UJALA (Unnat Jeevan by Affordable LEDs and Appliances for All)programme here

Tata Power Delhi Distribution Ltd expects to start installation of first phase of smart electricity meters by December next year. The company has tied up with Switzerland-based Landis+Gyr to build necessary communication platform for installation of smart meters, its CEO and managing director Praveer Sinha said on Tuesday.

Madhya Pradesh government's Rewa ultra mega solar park has received the lowest bid of Rs 3.59 per unit. The tariffs are set to reduce further as the reverse e-auction for the 750-mw solar project are set to start on Thursday.

Indian energy giant Adani Group has appointed Jennifer Purdie as the Chief Executive Officer (CEO) for its renewable energy business unit in Australia in a bid to drive its plans to become the largest renewable energy player in the country

The prices of petrol are lower than the 2013 level and the money collected through taxes on petro products was being used to develop infrastructure and creating educational facilities, government said today

Singapore-based arbitrator Prof Lawrence Boo has been named as the presiding judge of a three- member arbitration panel that will go into the validity of government's demand of USD 1.55 billion compensation from Reliance Industries for "unfairly" producing ONGC 's gas.

Government is mulling the merger of about half a dozen state-owned consultancy firms like Engineering Projects (India) Ltd with Engineers India Ltd (EIL) to create a mega-consultancy firm that can take on the might of global giants like Bechtel

In the Budget for 2017-18, Finance Minister Arun Jaitley said the government proposes to create an integrated public sector oil major which would be able to match the performance of international and domestic private sector oil and gas companies

City gas distribution (CGD) networks and pipelines for carrying natural gas and petroleum are essential facilities. Laying of CGD network is authorised by the Petroleum and Natural Gas Board (PNGB) under the Petroleum and Natural Gas Regulatory Board (PNGRB) Act

The US Army will grant the final permit for the controversial Dakota Access oil pipeline after an order from President Donald Trump to expedite the project despite opposition from Native American tribes and climate activists.

Railway Minister Suresh Prabhu unveiled the first phase of the Station Redevelopment Programme on Wednesday. Further, tenders are being floated for 23 out of a total of 400 stations set to get a facelift under this programme.

The ministry of railways today launched the first phase of station redevelopment programme covering commercial development of 23 stations across the country, which is expected to see investments worth Rs 9,000 crore.

During the last three years and the current fiscal up to January, the commerce ministry has granted more time to as many as 143 developers of SEZ to complete their projects, Parliament was informed on Wednesday